Adequate currency in circulation: Jaitley
There were media reports that several areas in Telangana, Andhra Pradesh, Maharashtra, Bihar, Madhya Pradesh and Gujarat are facing the shortage of currency for the last few weeks AMN /…
World Bank projects India’s growth rate at 7.3% for the current fiscal
AMN The World Bank has projected a growth rate of 7.3 per cent for India this year and 7(point)5 per cent for 2019 and 2020. The bank also noted that…
IMD forecasts normal monsoon for this year
AMN / NEW DELHI Good news to farmers who mainly depend on monsoon, the country is likely to receive normal monsoon rainfall this year. Briefing media in New Delhi about…
IMD to issue forecast for 2018 southwest monsoon rains today
AMN The India Meteorological Department, IMD will issue its first official forecast for 2018 southwest monsoon rains in New Delhi today. It accounts for about 70 percent of the country’s…
CBI books former UCO bank Chairman Arun Kaul in loan fraud
AMN CBI has booked former UCO Chairman-cum-Managing director Arun Kaul and others in connection with an alleged 621-crore rupees loan fraud which caused a loss of over 737 crore rupees…
US announces GSP eligibility review of India
WEB DESK Based on the market access concerns it has with India, the US today announced eligibility review of India for the Generalized System of Preferences (GSP). US has also…
India’s social sector spending remains woefully below peers: Study
WEB DESK India’s social sector spending remains woefully below peers, including Latvia and Iceland, in terms of GDP. A study published in RBI’s monthly bulletin on an analysis of 17…
Rs 5,280 crore loan given to Mehul Choksi under CBI scanner
WEB DESK A loan of 5,280 crore rupees extended by a consortium of 31 banks led by ICICI Bank to the companies of absconding billionaire jeweller Mehul Choksi has come…
CBI questions ICICI MD’s brother-in-law
WEB DESK The CBI on Monday continued questioning Rajiv Kochhar, brother-in-law of ICICI Bank MD and CEO Chanda Kochhar, for the fifth consecutive day along with NuPower Renewables Pvt Ltd…
India should move WTO against protectionist tendencies of some countries: Suresh Prabhu
AMN / NEW DELHI Union Minister for Commerce and Industry and Civil Aviation Suresh Prabhu says, India should move World Trade Organization (WTO) against protectionist tendencies of countries hurting its…